Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The crypto market ends the week at a total market capitalization of $2,17 trillion. Bitcoin continues to trade at around $62,300. Ethereum experiences no changes and stagnates at around $2,400. XRP is down by 2%, Solana by 1%, and Dogecoin by 3%. Almost all altcoins are trading in the red, with very few exceptions. The DeFi sector decreased the total value of protocols (TVL) to around…
Incore Bank
Switzerland’s FINMA Authorizes Cryptocurrency Transactions For a Local Bank
Trading, holding, transferring and generation of digital assets is now possible for Incore Bank in Switzerland due to the authorization received from Swiss Financial Market Supervisory Authority (FINMA). The local bank announced the launch of access to digital assets on May 29, representing a critical step towards the creation of a blockchain-friendly environment across the EU banking sector. This makes the bank the pioneering business-to-business bank in Switzerland, approved for operation within the cryptocurrency space. Incore Bank is now allowing institutional clients to…
5 years ago